Where Homeowners Are ‘Overstretched’

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily October 29, 2019 1,246 Views Related Articles About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Home Prices Leverage in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Where the Biggest Changes in Affordability Occurred Next: California Neighborhoods Endangered As Wildfires Approach Where Homeowners Are ‘Overstretched’ Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Home Prices Leverage 2019-10-29 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Where Homeowners Are ‘Overstretched’ The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago While in most cases a the price of a home should not exceed three times a buyer’s annual income, in some cities, many potential buyers may find it difficult to find a home within those parameters. LendingTree examined the nation’s 50 largest cities to determine where buyers will have to take out the largest loans, and found that many are situated on or near the West Coast.Five of the top 10 cities where buyers are stretching themselves the most are in California, and Los Angeles and San Diego have remained the 2 cities where borrowers have to stretch their budgets the most.In especially overpriced areas of California, tech companies including Facebook, Google, and Microsoft are investing in affordable housing. Facebook recently announced that it will be committing $1 billion toward affordable housing in Silicon Valley. The aim is to produce up to 20,000 new housing units for workers over the next decade. Much of the new units are aimed at teachers, police, and other middle-class workers in the Menlo Park area, Wall Street Journal reports.“Though there is some speculation that the housing boom in California may be nearing its end, home prices in the state are still high,” said LendingTree Chief Economist Tendayi Kapfidze. “As a result, many buyers, especially those who don’t work in lucrative industries like tech, will take out large loans to cover the cost of their homes.”Outside of California, Salt Lake City is the place with the highest leverage ratio. Salt Lake City is currently undergoing a housing shortage, forcing buyers to overspend.On the other end of the scale, Pittsburgh, Cleveland and Detroit are where buyers are taking the smallest loans relative to their incomes. An average leverage ratio of 2.08 could make these cities attractive to potential homebuyers. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Save Subscribelast_img read more

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Karnataka High Court Green Signals ‘Doorstep School’ Project Of BBMP For Destitute Children

first_imgNews UpdatesKarnataka High Court Green Signals ‘Doorstep School’ Project Of BBMP For Destitute Children Mustafa Plumber9 April 2021 6:20 AMShare This – xThe Karnataka High Court on Thursday gave a go ahead to the Bruhat Bengaluru Mahanagara Palike (BBMP) to start Doorstep Schools (inside bus) in Bengaluru city, for destitute children. A division bench of Chief Justice Abhay Oka and Justice Suraj Govindaraj said the authorities should ensure that norms regarding maintenance of social distancing and wearing of face masks should…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Karnataka High Court on Thursday gave a go ahead to the Bruhat Bengaluru Mahanagara Palike (BBMP) to start Doorstep Schools (inside bus) in Bengaluru city, for destitute children. A division bench of Chief Justice Abhay Oka and Justice Suraj Govindaraj said the authorities should ensure that norms regarding maintenance of social distancing and wearing of face masks should be scrupulously followed. Advocate Sreenidhi V appearing for the corporation submitted a memo to the court giving details of the schools. It is stated that the doorstep school will be started immediately in Doddagollara Hatti and Hosakerehalli (Rajarajeshwari Nagar Zone). Each bus can accommodate with maintaining of physical distance up to 10-15 children. Each bus will have two teachers and one helper. Further, it is said each bus contains white board and necessary basic study materials. The children will be provided with mid-day meal and each bus will have a few condiments like biscuits and chocolates. The bus will contain disposable water cans along with use and throw cups; The timings of the school will be between 11:00 AM to 01:00 PM. The civic body has submitted the memo while hearing a petition filed by Letzkit Foundation. The plea highlighted the issue of children being forced to sell toys, flowers etc. on the streets of Bengaluru and in particular, at traffic junctions. The court had earlier directed the Karnataka State Legal Services Authority to carry out a data collection survey of children. The bench in its order had said “The ultimate object of the Data Collection Survey is to render all possible assistance to the vulnerable children and especially, in the matter of their education and their rights under the Right of Children to Free and Compulsory Education Act, 2009 as well as Articles 21 and 21A of the Constitution of India.” It added “The issue is of deprivation of the right to live a decent and meaningful life guaranteed to the children under Article 21 of the Constitution of India.” Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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Egypt’s Zamalek win African Super Cup

first_imgRelatedPosts Rohr lists Musa, Ekong, 23 others for Cote d’Ivoire, Tunisia friendlies Nigeria plan Cote d’Ivoire, Tunisia friendlies Tunisia announces first confirmed new coronavirus case Egyptian giants Zamalek won the African Super Cup by beating Esperance of Tunisia 3-1 on Friday to lift the trophy for the fourth time. Achraf Bencharki scored twice for Zamalek, who had taken a early lead through Youssef Obama. Esperance, who won last season’s African Champions League, equalised with Abdelraouf Benguit’s penalty before Bencharki struck for the 2018-19 African Confederation Cup winners. The result is a major boost for Zamalek who face Esperance again in a fortnight in the Champions League quarter-finals. Reuters/NAN.— Tags: Achraf BencharkiAfrican Super CupEsperanceTunisiaZamaleklast_img read more

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Great Weekend: Brkic won in the Double in Antalya

first_imgTomislav Brkic has a great weekend at the ITF tournament in Antalya. Our tennis player qualified for the finals in singles and won in the doubles on this 10,000 USD worth tournament.In today’s semifinals of singles, Brkic won against a Polish tennis player Maciej Rajski with the score 2: 0 in sets. Polish, the 761st tennis player of the world, was not able to surprise Brkic, who won with the score 6: 3, 6: 2.Brkic will play against Austrian Gibril Diarra in the finals.In the finals of doubles, Brkic was paired with Serbian Darko Jandric and they won against the Turkish combination Altuna / Ilkel with the score 7: 6, 6: 3.(Source: klix.ba)last_img read more

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Fishing, Shellfish Harvesting, and Some Hunting Postponed in Washington Due to…

first_imgFacebook68Tweet0Pin0Submitted by Washington Department of Fish and WildlifeThe Washington Department of Fish and Wildlife (WDFW) announced that recreational fishing, shellfish harvesting and spring turkey and bear hunting seasons will be delayed in an effort to control the spread of COVID-19.The decision follows a Friday announcement that all state land and boat ramp closures would extend to May 4, 2020 to coincide with Gov. Jay Inslee’s extension of the Stay Home, Stay Healthy order.While WDFW expects most recreation activities to remain closed through the Stay Home order. The department will reevaluate specific hunting, fishing, shellfish harvesting, public land, and boat ramp closures as new information becomes available from public health officials.“Local public health authorities have relayed to us with their concerns regarding the risk that hunting, fishing and recreational travel poses to their communities right now,” said WDFW Director Kelly Susewind. “With the support of the Governor’s office we’re asking people to put their recreation plans on pause while we work together to get this situation under control.”Director Susewind noted that some individuals may be able to enjoy these activities without risky interactions, but many cannot. He asks everyone to be patient for the health of all Washingtonians.These newly extended closures include all recreational fishing and shellfish harvesting, whether on public or private lands, and the spring bear hunts that would have started on April 1 as well as the April 4 and 5 youth turkey hunt. In addition, the department will postpone the spring bear and turkey season opening days, which were previously scheduled to open on April 15. The department made the closure decisions after consulting with local health departments.While some recreational fishing opportunities exist year-round, the lowland lakes trout season opener, previously scheduled for April 25, is one of the most celebrated angling days of the year. The recreational halibut seasons scheduled to open on April 16 in Marine Areas 6-10 and Areas 1-5 on April 30 will be delayed. Recreational harvesting of spot shrimp in Marine Areas 5-7 and 12 will also be delayed. When fishing seasons do open, anglers should be prepared to practice proper social distancing and avoid the gatherings that characteristically define opening day for so many.A number of April razor clam digs are cancelled, though the department will assess the ability for razor clamming and other shellfish seasons to resume in May. According to Larry Phillips, WDFW Coastal Region Director, “We had an excellent season planned, with a great number of days available for razor clam digging. If we are not able to reopen, clam diggers can still look forward to larger clams next year.”If the department is able to open spring bear and turkey seasons on May 4, spring bear hunters would still have until May 31 or June 15, depending on the location, to use their permits before the intended season closure dates for those hunts. Likewise, spring turkey hunters would have 28 days of hunting during the spring season, plus, most likely, a robust fall season.Hunting application deadlines for the rest of the year have not changed, yet the deadline for sealing bobcat and river otter pelts that were harvested during the 2019-2020 season has been extended to July 20.Refunds for licenses and permits, if initiated before opening day, are available. Hunters can also get their points reinstated for spring bear season if requested prior to the start of the season.The department does not regulate shed antler hunting, yet wants to remind the public that this activity is not allowed on state lands while the closures are in place.For the latest updates on WDFW’s coronavirus response updates, visit wdfw.wa.gov/about/covid-19-updates.The Washington Department of Fish and Wildlife is the state agency tasked with preserving, protecting, and perpetuating fish, wildlife, and ecosystems, while providing sustainable fishing, hunting, and other recreation opportunities.Persons with disabilities who need to receive this information in an alternative format or who need reasonable accommodations to participate in WDFW-sponsored public meetings or other activities may contact Dolores Noyes by phone (360-902-2349), TTY (360-902-2207), or email ([email protected]). For more information, see https://wdfw.wa.gov/accessibility/reasonable_request.html.last_img read more

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